China coating additives market on double-digit growth

BURNABY, BRITISH COLUMBIA -The coating additives market in China is directly related to growth in China's coatings industry, which is projected to grow annually by over 10% during the period 2014-2019, according to a report by TechSci Research.  The report, "China Coating Additives Market Forecast & Opportunities, 2019", expects China coating additives market to grow by 12% yearly during the period.

Coating additives are specialty additives primarily used during the manufacturing of coatings in order to improve their quality and performance. Some major types of coating additives include rheology modifiers, wetting and dispersing additives, defoamers, flow and leveling additives, biocides, slid and rub additives, UV stabilisers, etc.

In the next 5 years, a large demand for coatings is expected to emanate from the architecture and automotive industries in China, as well as other industries like marine and shipping, wood and plastic coatings, etc.

TechSci Research is a global market research and consulting company with offices in Canada, UK and India.